15 Questions
Which company dominated the computer industry in its early years?
IBM
What was the focus of IBM's business strategy?
Hardware manufacturing
In what decade did corporate giving increase significantly?
1950s
Which company was criticized for trading individuality for job security?
IBM
Which company was founded by Mary Kay Ash in 1963?
Mary Kay
Which company has been heavily criticized for their use of sweatshops?
Nike
Which company falsely embodied the identity of a 'man who achieved massive wealth despite humble origins'?
JPMorgan
Which two major products were included in the merger that formed PepsiCo?
Pepsi-Cola and Fritos
Which health organization did PepsiCo spend the same amount on lobbying against reducing soda consumption?
American Heart Association
Which two employee benefits are provided by the NFL?
Long-term disability insurance and basic life insurance
What did the NFL try to cover up regarding player health?
Chronic Traumatic Encephalopathy
During the New Deal, the government developed standards in collaboration with industry and labor. Which of the following was NOT a part of these standards?
Fair prices for consumers
Which act, created as part of the New Deal, established a minimum wage and maximum work week?
Fair Labor Standards Act
What was the main purpose of the Securities Act of 1933?
To regulate the offer and sale of securities
What was the outcome of the Agricultural Adjustment Act (AAA)?
Crop prices rose as planned
Study Notes
Computer Industry
- IBM dominated the computer industry in its early years.
- IBM's business strategy focused on providing solutions and services.
Corporate Giving
- Corporate giving increased significantly in the 1960s.
Criticized Companies
- A company, not specified, was criticized for trading individuality for job security.
- Nike has been heavily criticized for their use of sweatshops.
- A company, not specified, falsely embodied the identity of a 'man who achieved massive wealth despite humble origins'.
Mary Kay Ash and PepsiCo
- Mary Kay Ash founded Mary Kay Cosmetics in 1963.
- PepsiCo was formed through a merger that included Pepsi and Frito-Lay.
Lobbying and Health
- PepsiCo spent the same amount on lobbying against reducing soda consumption as the American Heart Association.
- The NFL provides two employee benefits: salary and health insurance.
NFL Controversy
- The NFL tried to cover up the risks of concussions and their impact on player health.
New Deal and Labor Standards
- During the New Deal, the government developed standards in collaboration with industry and labor, but did not include worker's right to strike.
- The Fair Labor Standards Act (FLSA) established a minimum wage and maximum work week.
Securities Act
- The Securities Act of 1933 was created to require companies to provide thorough information about the stocks and bonds they issue.
Agricultural Adjustment Act
- The outcome of the Agricultural Adjustment Act (AAA) was to reduce agricultural production and increase farmer's income.
Test your knowledge of PepsiCo's history and major products in this quiz. Learn about the company's merger, iconic beverages like Pepsi-Cola and Mountain Dew, and popular snack brands like Lay's and Cheetos.
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